News

From 2018 private health insurance premiums could deliver more value after the Federal Government moved to change the way it prices hip and knee replacements. Prostheses such as artificial hips and knees contribute to around 14 per cent of hospital benefits paid by private health insurers.

This measure will continue to pause the income thresholds at which people qualify for the Government’s private health insurance premium rebate. This pause will continue from 1 July 2018 until 30 June 2021.